Glossary

The Energy Transition Workforce Credit is a tax incentive aimed at supporting and encouraging workforce development in the renewable energy sector through credits and compliance benefits.

The Carbon Reduction Initiative Credit incentivizes businesses to reduce their carbon footprint, providing tax benefits for compliance with sustainable practices.

The Energy-Efficient Vehicle Manufacturing Credit is a tax incentive designed to encourage the production of eco-friendly vehicles. Manufacturers can obtain financial benefits by meeting certain criteria.

The Local Transit Accessibility Credit offers tax benefits to individuals or entities enhancing public transit accessibility. It promotes sustainable transportation solutions.

The Tax Credit for Workforce Digital Access supports businesses in enhancing their employees’ digital skills while offering tax reductions.

The Public Utility Clean Energy Credit is a tax incentive designed to encourage the adoption of clean energy technologies by public utilities.

The Renewable Fuel Innovation Credit is a tax incentive designed to encourage the production and development of alternative, sustainable fuels by offering credits to eligible producers.

The Affordable Energy-Efficient Housing Credit incentivizes developers to create homes with enhanced energy efficiency. This tax credit promotes sustainable building while offering significant financial benefits.

The Small Business Environmental Resilience Credit helps small businesses adapt to environmental changes. It focuses on sustainable practices and offers tax relief.

The Disaster-Ready Community Tax Credit incentivizes investments that enhance community preparedness for natural disasters.